FROM Gene Ulm
Populism and the President At a congressional grilling of Treasury Secretary Tim Geithner and Fed Chairman Ben Bernanke, Republicans and Democrats acted out the anger they’ve been hearing from their constituents. The outrage is not yet directed at the President himself, but it’s getting through to the Obama White House. Is it greater on the right or the left? Will it paralyze Congress? Can a popular new president turn it to his advantage?
American Populism: 21st Century Style Treasury Secretary Geithner and Federal Reserve Chief Bernanke were on the hot seat today as members of Congress channeled the outrage of their constituents. Historians are reminded of populist anger during the Great Depression, the Gilded Age and Andrew Jackson's war against central bankers. Advisors on Capitol Hill and at the Obama White House are calculating the depth of public resentment over the loss of home value and retirement savings. Is it greater on the right or the left? Will it paralyze Congress? Can a popular new president turn it to his advantage?
"Tough on crime" rhetoric sees a revival at Sessions' DOJ The pendulum swings between treatment-focused approaches to drug abuse and tough law enforcement. Now, after years of Obama-era "reforms," President Trump’s Attorney General, Jeff Sessions wants local police freed from federal restrictions to fight another "war on drugs."
GOP 'Nukes' the Senate filibuster on SCOTUS nominees Senate Democrats today blocked Judge Neil Gorsuch's appointment to the US Supreme Court… but just for the moment. The Republican majority has changed the rules to force a likely confirmation as soon as tomorrow.
Does 'hire American' mean fire a foreigner? US companies are allowed to hire employees from other countries with highly developed skills that can't be found here. President Trump says it's being abused as a way to find cheap foreign labor. We hear about the benefits—and the risks—of changing the H-1B program.